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Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Lightstream Resources Ltd. > @wizthewiz go to Reports ,third monitor report pg10&11
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Comment by reefsandals4evaon Jan 23, 2017 9:36am
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Post# 25740593

RE:RE:RE:RE:RE:RE:RE:@wizthewiz go to Reports ,third monitor report pg10&11

RE:RE:RE:RE:RE:RE:RE:@wizthewiz go to Reports ,third monitor report pg10&11
What I meant to say, The shareholders and unsecured can not stop the restructuring once it is in CCAA, bill C-47 if I remember correct. The minority shareholders can not stop a restructuring of a company once it is in CCAA because in most cases it doesn't benefit anyone, The secured get paid in full in a bankruptcy so if they take a loss the minority shareholders don't have the right to stop a restructuring that could benefit everyone.
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